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UPDATE 1-Vietnam regrets U.S. decision to sanction firm over Iran-related trade

Published 12/17/2020, 05:25 PM
Updated 12/17/2020, 05:30 PM

(Adds comments and background)
By Phuong Nguyen and Khanh Vu
HANOI, Dec 17 (Reuters) - Vietnam's Ministry of Foreign
Affairs said on Thursday it regretted a U.S. decision to
sanction a Vietnamese company relating to the transport of
petroleum products from Iran.
"Trade relations between Vietnam and Iran are strictly
civilian and involve goods that would serve the essential needs
of people and are not in contrary to the resolutions of the UN,"
Foreign Ministry spokesperson Le Thi Thu Hang told a daily press
briefing.
The U.S. Treasury Department on Wednesday imposed sanctions
on a number of global companies, accusing them of supporting
the sale of Iranian petrochemicals as Washington increases
pressure on Tehran in the closing days of President Donald
Trump's term.
Vietnam Gas and Chemicals Transportation Corporation was
targeted over its connection with significant transactions for
the transport of petroleum products from Iran, the Treasury
said. Hang said Vietnam fully observed United Nations resolutions
and handled any violations accordingly, adding that Vietnam
hoped the United States would remove the sanctions on the
company.
Vietnam Gas and Chemicals Transportation Corp did not
immediately respond to a request for comment.
The United States on Wednesday also imposed sanctions on
companies based in China and the United Arab Emirates.

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